Senior Associate, Fund Operations, Credit

Senior Associate, Fund Operations, Credit & Wealth ManagementOverviewOnex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX. Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors and invest them, along with Onex’ own investing capital, through the funds of our private equity platforms: Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, liquid credit and public equity strategies.Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals. Onex has $53.1 billion in assets under management, of which $8.3 billion is Onex’ own investing capital. We generate value for our shareholders through two segments: Investing and Asset Management.THEOPPORTUNITY:We are seeking a talented Senior Associate Fund Operations (Credit and Wealth Management Funds) to join our Toronto team. In this pivotal role, you’ll drive fund accounting, performance reporting, and NAV reconciliation for equity and credit-focused investment vehicles. You’ll collaborate with third-party administrators and transfer agents, manage daily, monthly, quarterly and year-end reporting, and deliver actionable financial insights to senior management and investors. This is an excellent opportunity for fund accountants with expertise in private credit funds, public equity, and advanced financial reporting (both US GAAP and IFRS). This is a hybrid role which requires 2-3 days in office.ResponsibilitiesNAV Reporting & Books & Reconciliation: Prepares schedules and supporting material to reconcile monthly NAV and waterfall calculations with administrators. Ensure accuracy of fund books and records across multiple investment vehicles.Daily Mutual Funds Oversight: Review daily NAV calculations for a group of mutual funds with fund administrators. Oversee account reconciliation, including administrator, broker, custodial cash, securities, corporate actions, journal entries, capital transactions and transfer agency.Fund Performance & Audit Support: Maintain fund performance metrics (Rate of Return, IRR, multiple on invested capital, distributions to paid-in). Assist with quarterly financial statement reviews, statutory filings and audit support.Credit Portfolio Operations: Support trade operations and administrators for credit portfolios (bank loans, corporate bonds, ABS, CLOs). Provide accounting guidance and ensure proper accounting for paydowns, PIK, maturities, restructurings, deferred compensation, and cost of carry.Capital Activity & Process Improvement: Capital activity support and technology/process improvement initiatives related to fund operations.QualificationsBachelor’s degree in Accounting or related field (required)CPA designation (preferred)5-6 years of experience in public and private fund accounting, with expertise in credit funds, public equity, transfer agency, or fund administration. Big 4 background with audits of funds preferred.Proven experience with waterfall calculations, derivatives, bank loans, ABS, and CLOsProficiency in Microsoft Excel; familiarity with fund accounting and trading platforms (Geneva, Broadridge, BMS, WSO, Bloomberg) preferredStrong technical accounting, analytical, communication, and problem-solving skillsOur Team & CommitmentOnex is led by the firm’s CEO, Bobby Le Blanc, with experienced leaders across our businesses. We have approximately 120 investment professionals across all platforms, supported by approximately 165 professionals in corporate functions and investment platforms. Our One Onex approach emphasizes collaboration, shared sector expertise, and alignment with stakeholders.We are committed to accountability, intellectual honesty, and respect for all partners and stakeholders. Our team values diversity of perspective and background and an inclusive environment. The alignment of interests between Onex management, the Board, shareholders and limited partners is central to our long-term success.Diversity Equity & InclusionOnex recognizes that a diverse team and inclusive environment are vital to our continued success. We are committed to attracting and retaining employees from diverse backgrounds, fostering awareness of diversity issues, and embedding accountability for diversity across the firm.Our Diversity & Inclusion Leadership Council champions diversity across the firm and supports employee resource groups.SustainabilityAs a public company, we are committed to delivering value for stakeholders and upholding high standards of governance. We pursue responsible investing and continuously enhance our sustainability program, including measuring and managing carbon emissions across Onex and its platforms. We participate in industry initiatives such as the ESG Data Convergence Initiative (EDCI), Initiative Climat International (iCI), the Principles for Responsible Investment (PRI), and the IFRS Sustainability Alliance.Further information on Onex’ Sustainability Policy and Climate Strategy can be found on our website, www.onex.com.AccommodationsOnex is committed to fostering an inclusive and accessible workplace. If you require accommodations at any stage of the recruitment process, please contact tmanagement@onex.com. #J-18808-Ljbffr